Tactics being played as bigger money than I command are sure leading the charge, wouldn't you say?
Every6 day it appears ALDW is getting beaten up. Why? There's no news out on the company, be it good or bad. So that leaves me with but one conclusion:
This is a clear-cut design aimed at breaking the spirit of investors believing in the company.
So yesterday I picked up 200 units and then added again---today
another 300---at $8.76.
My total position now consists of 26,000 units with a cost basis of $8.68.
Interesting---no news at all.
Also, some of us draw on inner resilience and stay put or add. The main thing is to NOT run scared. And no, the sky is not falling in! It may seem that way because each trading day we're reminded of the fact there's forces out there determined to control our every moves.
It is so very important to understand that these dramatic moves are taking place because some people dressed as High Frequency Trading machines are calling the shots. The idea is to weaken the mindsets of the retail crowd.
Last month I saw an overall gain in ALDW of more than $28,000 sitting in the accounts. And at this moment the gain is reduced to a mere $937!
But nothing is actually lost. Money on the table available for profit-taking is one thing while executing the trades to complete the implied transactions is quite another. That said, I now have 500 added units more than were held last week and each is poised to bring in its own share of profits for me.
I'm not afraid of this. Personally I hate it for all its manipulative ruses designed to terrify good people wishing to grow their estates. But I understand that nothing fundamental has changed with regard to the company. And it's hardly limited to ALDW---look at NGL. Same thing---highly manipulated.
The key here is to hang tough when you believe in something. I'm a believer in both comnpanie4s and I'm absolutely convinced this day will be forgotten soon enough. If it takes a few weeks to recover? So be it. But I'll be holding onto my units so long as I find opportunity within.
